A Foundation Focused on Schenectady County
The Schenectady Foundation is a community foundation established to benefit the people who live and work in Schenectady County, New York. Formed by a trust in 1962, TSF has since invested more than $21 million in grants and scholarships.
The Foundation's mission is to advance the sustainable well-being of the people of Schenectady County, NY.
The Foundation's grant program is open to any tax-exempt 501(c)3 organization whose programs and services demonstrate a benefit to people who live or work in Schenectady County. The Foundation's current strategic initiative -- the Call to Action for Schenectady's Youth -- is a multi-year commitment to support a continuum of community resources that strengthen outcomes for youths and young adults.
Applicants must be non-profit corporations registered with the NYS Office of Charities Registration, and designated as a 501(c)3 tax-exempt organization by the IRS. Generally, local governments - counties, cities, towns or villages - are not eligible to receive grants. Proposals representing single religious organizations are also ineligible.
The Foundation makes grants for a variety of community needs. Grant types include those for program start-up, expansion, planning and capital improvements. Regardless of the type of grant requested, applicants must establish their ability to complete and sustain projects beyond the Foundation's funding.
There is no specific minimum or maximum size for grant requests. Over the past several years the average grant has been in the vicinity of $60,000. The largest grant ever committed by the Foundation was $1,000,000. The Foundation also has a "Micro-Grants" program for smaller project. The Foundation will rarely be the primary or sole source of funding for any one project. At the same time, the grant amount requested should enable the organization to successfully complete the project.
Organizations may apply for multi-year grants – generally not for longer than three years. Often, a multi-year commitment is considered once a project has demonstrated its reliability after an initial one-year grant.
Matching grants are sometimes awarded to stimulate the organization's fund development efforts, and to help diversify the funding base.
Organizations may generally apply for a new grant no sooner than one year following the date of the final payment on their previous grant. Applicants may reapply sooner upon the encouragement of the Foundation. However, frequent repeated requests are discouraged.
The Foundation will seek the perspective of other funders, organization leaders, constituents and customers of the applicant organization to add value to its deliberations.